Remote AML Transaction Monitoring Team Lead - Assistant Vice President

Job Description:

Job Title Remote AML Transaction Monitoring Team Lead

Corporate Title Assistant Vice President

Location Remote work opportunity for candidates living in AR, AZ, CT, DC, FL, GA, ID, IL, KY, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NY, ORE, PA, RI, TN, TX, VA, UT, VT, WV, and WY

Overview

Deutsche Bank benefits from having a highly experienced and dedicated Anti Financial Crime (AFC) function, which performs a crucial role in keeping Deutsche Bank’s business operations and global financial services clean from financial crime while serving the interests of the Bank and society. Our regional/global matrix structure allows for flexible responses to challenges in the core areas of: Anti-Money Laundering, Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment. Our AFC Team will provide you with opportunities to learn, grow and define your career. We foster an open, diverse, and inclusive team culture, that is engaged and well-supported for prosperity and enjoyment of a life/work balance.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Use independent and professional judgment when reviewing Anti-Money Laundering (AML) investigations in addition to all policies and procedures and meets regulatory standards; monitor case aging and escalate as necessary 

• Participate in departmental projects and initiatives; participate in below-the-line (BTL) and/or above-the-line (ATL) testing to ensure/improve model effectiveness

• Keep abreast of new rules, regulations, and reputational risks to further improve our investigation processes. Understand business and regulatory requirements and ensure functions are being performed within those requirements

• Maintain a thorough comprehension of internal AML typologies relating to correspondent banking, private banking, and investment banking clients; prepare and write suspicious activity reports (SARs) as necessary

• Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving Deutsche Bank designated high risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes

• Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate cases; work with the senior Investigations Manager to collate metrics and other data as requested; liaise with Technology to address any potential production issues and software updates and participate in user acceptance testing

Skills You’ll Need

• Bachelor’s degree; prior experience in a leadership/management capacity with extensive prior experience as an AML investigator in a transaction monitoring and SAR writing capacity or equivalent experience or education

• Ability to identify, escalate, and communicate issues to management in an effective and succinct manner. Effective decision-making skills and strong problem-solving skills

• Strong knowledge of AML laws (USA PATRIOT Act), regulations (Fed, Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)) and their application to the supported products/business lines. Correspondent Banking, Private Banking, or Investment Banking experience

• Working knowledge of MS Excel, including pivot tables, macros, filtering, and sorting. Applied experience of effective internet search techniques. Operational knowledge of US Dollar (USD) payment systems, including Society for Worldwide Interbank Financial Telecommunication, CHIPS, ACH, and Fed Funds

• Excellent writing, communication, analytical, judgment and research skills with strong attention to detail and the ability to multitask. An understanding of the legal and compliance issues of complex banking organizations

Skills That Will Help You Excel

• Excellent at drafting written and delivering oral communications

• Able to demonstrate strong analytical, judgment, and research skills, and ability to display effective decision making and stro